GREEK Market Topping Out. CAUTION!

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Global X MSCI Greece ETF (AMEX:GREK)

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AMEX:GREK Global X MSCI Greece ETF

Trend Analysis Fundamental Analysis Beyond Technical Analysis GREK

trendanalysis fundamental beyondta grek

The structure seems to be fully formed and starting to roll over after breaking a year-long bull run.

Given the current state of the EU it is very plausible that we can see a longer-term trend lower.

Caution is in order.

Commento:

Greek stock market continued to collapse since my initial post back on Sept. 5th with no end in sight.

Magic!

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Commento:

GREK continues to collapse $31.90 today. As expected.

MAGIC!

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